Knowee
Questions
Features
Study Tools

You are trying to find if there is a difference in income across different ethnicities. What type of factor do you have in this case?

Question

You are trying to find if there is a difference in income across different ethnicities. What type of factor do you have in this case?

🧐 Not the exact question you are looking for?Go ask a question

Solution

Identifying the Factor Type

  1. Definition of Factor: In a statistical context, a factor is a variable that categorizes data into groups for analysis.

  2. Type of Factor: The ethnicities in this study would be considered a categorical factor. Categorical factors (also known as qualitative factors) allow data to be divided into distinct groups or categories without a specific numerical order.

  3. Nature of the Data: The income you are measuring is a quantitative variable, while the ethnic background is qualitative, thus making them suitable for analyses aimed at exploring associations or differences.

  4. Implications for Analysis: Since you are comparing income across various ethnicities, this scenario would typically prompt the use of statistical tests that assess differences among the means of these groups, such as ANOVA (Analysis of Variance).

In summary, the ethnicities represent a categorical factor in this analysis concerning income differences. It's important to consider that factors like socioeconomic status, education, or geographic location may also contribute to differences in income and should be controlled for in the analysis.

This problem has been solved

Similar Questions

Which of the following is a form of social stratification based on economic factors?Select one:a.Ethnicityb.Occupationc.Genderd.Religion

What are the data requirement and outcome of different method of National Income Calculation?

Which of the following sites should you use when trying to find country-level data on household income?

Per capita Income is also known as [1](i) Average income(ii) National Income(iii) Gross Income(iv) Personal Income

National IncomeConsumptionInvestment01006020026060400420606005806080074060100090060The equilibrium level of income is:a.500b.400c.800

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.